Technicals Talk: Metro Pacific Investments Corp. (MPI) – 15 Feb 2023 by Regina Capital Development Corp.
MPI is at its yearly high and is looking to test its yearly resistance last 2018 at PHP
MPI is at its yearly high and is looking to test its yearly resistance last 2018 at PHP
AC closes the trading day at the same level from the previous day.
MBT is currently performing at its 52-week high. The resistance now to beat is rPHP
Peeking at the indicators, the RSI is pointing downwards, while the MACD sustained its
MONDE surged 1.31% to close at 12.42 after it bounced from its 12.25 support.
Potential reversal after breakout of 200EMA.
Investors would be on the lookout if supply pressure would prevail, ahead of local monetary authorities’ policy meeting this week.
Breakout of a long-term wedge pattern.
Bullish pennant pattern.
Should SM be able to hold at support levels, share prices could start to climb.
HOME closed at 3.34 last Friday, surging 4.70%. It moved up 154% from its bottom at 1.31 last December 2022.
Confluence of support (38.20% Fib, 50EMA).
GTCAP has seen a steady uptrend since mid December, rising from below the 400.00 level.
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